Quote of the day

“I think with regulation the business will become more standard and professionalised and I think the listing fees will be impacted by that. It will attract more players, different players, and on the other side, there will be more mature, more professionalised ICOs that will be 100% in line with the regulatory requirements.”

Oliver Bussmann. CEO & Founder of Bussmann Advisory AG

Graph of the day

News Digest

Blockchain technology and development

80% of Companies Are Interested in Bitcoin Transactions, Survey Finds

“Another survey has revealed that the business world is eager to start using bitcoin to save on transactions costs and reduce dependence on entrenched systems.” Read more.

The Danger of Centralization That [Still] Exists in the Blockchain Ecosystem

“The indirect centralization of blockchain solutions is a developing trend within that must be dealt with before it overtakes the entire blockchain ecosystem.” Read more.

Laws and regulations

“The Korea Times, a business-focused mainstream media company founded by Hankook Ilbo, one of South Korea’s largest newspapers, reported that the South Korean government will soon reverse its ban on initial coin offerings (ICOs) and allow token sales with certain conditions.” Read more.

Ripple Loses Bid to Keep Its Cryptocurrency Fight in California

“Blockchain developer Ripple Labs Inc. lost its shot at a home-court advantage in a dispute with rival R3 Holdco over ownership of cryptocurrency XRP that was once worth more than $16 billion.” Read more.

Thailand Proposes New Cryptocurrency Gains Tax

“Thailand’s cabinet is set to vote on implementation of a new 10% capital gains tax on profits from cryptocurrency investment.” Read more.

Coinbase Releases Cryptocurrency Tax Calculator

“Cryptocurrency startup Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.” Read more.

Exchanges

Crypto exchanges are charging up to $1 million per ICO to list tokens: ‘It’s pure capitalism’

“ A $1 million listing charge is higher than the cost to list on most stock exchanges..” Read more.

“Goldman Sachs’ technical analysis team led by Sheba Jafari has recently made another Bitcoin (BTC) prediction, stating that the major cryptocurrency risks sinking below the February low, Business Insider reported on March 12.” Read more.